How to Buy a Property at a Tax Sale
A property tax sale may present a financial opportunity to an investor or anyone looking to save money on a property. Local governments use property tax sales to collect overdue real estate taxes. ...Read More
When Can Mortgage Insurance Be Dropped?
Lenders typically require you to pay for mortgage insurance when you don't put down at least 20 percent on your home to protect the lender in the event you default on the loan. If you took out your ...Read More
Tips on Buying a Short Sale Property
Many buyers look to short sales as a way to purchase a home at a steeply discounted price. A short sale occurs when the seller's lender accepts less than the full amount owed on the mortgage — a ...Read More
Check List for a Short Sale
Short sales accounted for approximately one-quarter of home sales in late 2011, surpassing foreclosures, according to Bloomberg. A successful short sale transaction benefits the seller, lender and ...Read More
How Is Rental Income Taxed in a Duplex?
Rental income from a duplex is taxed as regular income. You pay according to your ordinary state and federal income tax rate. The Internal Revenue Service, however, doesn't tax your gross rental ...Read More
How Does Homestead Exemption Work?
Claiming a homestead exemption can provide property owners with an opportunity to save money on their property taxes. In the event of unfortunate financial circumstances, such as bankruptcy, these ...Read More
How to Sell House in Slow Market
More than 4.2 million homes sold in 2011, according to the National Association of Realtors, but the sales weren't evenly distributed over all geographic markets. Selling your residence in a slow ...Read More